“Global carbon emissions set to fall in 2026 due to Iran energy shock”
“Carbon dioxide emissions are projected to fall 0.4 per cent this year, driven in part by higher oil prices resulting from disruption to shipping in the Strait of Hormuz”
Key points from New Scientist
- Global CO2 emissions from fossil fuels are expected to drop in 2026.
- The decline is about 0.4% from 2025 levels.
- Oil-emission reductions (-1.9%) partly offset by a coal rise (+0.6%).
- Oil price spike from the Iran-related energy shock influenced consumption.
- Renewables and EVs help offset emission growth through 2028.